Less paperwork is required if a business wants to report to the IRS that it’s a victim of identity theft. The IRS has revised a form that must be filed so that it no...

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The deadline to return distributions to certain retirement accounts is coming up. IRA owners, beneficiaries or workplace retirement plan participants who received a required minimum distribution (RMD) this year have until Aug. 31 to...

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Did you ask for an extension for your 2019 tax return this year? If so, keep in mind that Oct. 15, 2020 is the last day to file for most people who requested an...

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If you have an expiring Individual Taxpayer Identification Number (ITIN), renew it soon to avoid delays next year (including delayed refunds). The IRS issues ITINs to people who must file U.S. tax returns, but...

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Higher education may not look traditional this year, in light of COVID-19. But whether classes are taken online, part or full-time, education can be expensive. The IRS is reminding taxpayers who pay eligible costs...

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No one likes to think about income tax returns before they have to. But if you start preparing now for 2021, it’ll make things easier when tax time comes. Everyone should have a system...

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